It might sound easier to you now. But the starting Livvehomes.com that offer zero deposits home across all the major cities in India such a Bangalore, Pune, Chennai, Noida, and Gurgaon, was not all easy.
Josy Mathew confesses that scaling the managed and assured rental models cost a lot of time and money, as well as several police cases in which Josy Mathew became entangled as they fought to protect both the party’s interests.
Josy Mathew & The Vision Behind Livvehomes.com
“When someone goes about finding a home in bigger metro cities in India, huge rental deposits have been a hardship for far too long now. Tenants no longer need to pay deposits and can move into professionally managed homes without taking out personal loans or withdrawing their funds’ thanks to our new revolutionary offering”.
This is what Josy Mathew, Founder & CEO- Livvehome.com, says when we enquire him about the problem he wants to solve with his latest outing as a founder.
Josy Mathew, the company’s founder, and CEO is a serial entrepreneur who is committed to revolutionizing the way renting landscape functions in India. His previous outing as a startup founder and entrepreneur, 53central.com, was acquired by Askme.com, With his new outing as a founder and CEO, Josy Mathew is aiming for safe and secure property management and real estate analytics organization that now serves over 5000 owners and 20,000 tenants across all the major cities in India.
“No renter will be denied a safe and secure society living experience owing to an owner’s prejudice, nor will they be financially burdened as a result.” Founder and CEO of Livvehomes.com, Josy Mathew, says.
Early obstacles and concerns for Josy Mathew And His Team Behind Livvehomes.com
Josy and his team struggled at first to persuade homeowners to rent their flats to them and hand over control of the full rental cycle to Livvehomes.com.
“There was a lot of opposition when we approached the initial batch of homeowners in early 2016,” I recall our proposal being dismissed when the owners found out that we wanted the house equipped in a nice manner at their expense and with only a month’s security Many homeowners asked us to leave before we had a chance to explain how our strategy genuinely protects the property owner”. Josy Mathew recounts.
There were many obstacles and concerns in the early days that kept the Livvehomes.com crew on their toes. Homeowners not adhering to contract conditions, not following protocols, misusing, hostile behavior, not returning the deposits paid to them, and a variety of other operational concerns were among the challenges they faced. These were inconvenient at times and often discouraging, but they were what drove Josy Mathew and his entire team to give it their all whenever anyone tried to hold them back.
Livvehomes.com nearly shut down in its first year due to some owners’ dissatisfaction with the fact that they were renting houses to tenants without a deposit at all, and they received a lot of backlashes as these owners caused a lot of operational issues for them to manage the properties.
Providing Legal Advice To Landlords And Tenants With Every Rental Legal Issue
After investing a few valuable years creating and establishing his business, Livvehomes.com, Josy Mathew, the visionary entrepreneur, chose to give legal advisory services in case of any legal issues occurring between owners and tenants that deal with any and all rental legal concerns.
When Josy Mathew and his team decided to provide legal consulting services to both homeowners and tenants, the main goal they had in mind was to make sure that all parties had a positive onboarding experience with Livvehomes.com. Even though they are now dealing with various situations involving legal concerns involving homeowners and tenants, they are committed to their efforts and believe that this program will bring about much-needed constructive change in society.
Future Growth Trajectory For Josy Mathew & Team At Livvehomes.com
Josy Mathew confesses that scaling the managed and assured rental models cost a lot of time and money, as well as multiple police cases in which Josy Mathew became entangled as they fought to protect both the party’s interests.
Today, Livvehomes.com provides homeowners (for their rental investment property) an assured and reliable source of rental income, as well as tenants with a well-maintained, safe, and secure living alternative. They work with every top real estate company in the country and are the first choice for anyone looking to purchase a property for investment purposes.
Josy Mathew and Livvehomes.com aim to own the entire lifecycle of the apartment living experience for owners and tenants by 2025, with its own branded furniture showrooms, supermarkets, gate management, and property management systems and services.
To learn more, go to their website: https://livvehomes.com/